Parker-Hannifin Corp(PH)Stock Analysis
AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →13F Pro Quality Score
Rank #179 of 2,879 stocksTOP 10%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
PH Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Parker-Hannifin Corp (PH), a Industrials sector company. 13F Pro's AI-powered ranking engine scores PH at 73.8/100 on a 32-signal composite quality model, placing it at rank #179 of 2,879 stocks — the top 10% of the AI-ranked universe. PH scores in the top quartile across revenue scale (93.0), balance sheet strength (89.9), institutional flow (84.4). Based on the latest XBRL financial filings (Q3 2026), Parker-Hannifin Corp reports quarterly revenue of $5.5B, net income of $904.0M, an operating margin of 22.4%. Top institutional holders of PH by reported 13-F value include BlackRock,, STATE STREET, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. PH trades on the NYSE exchange and files with the SEC under CIK 76334. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate PH daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Parker-Hannifin Corp directly from SEC EDGAR. Parker-Hannifin Corp's 13F Pro composite quality score has ranged between 8 and 76 since 2021, currently 73.8 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.
What's Driving PH's Business? Latest 10-Q Breakdown
AI-extracted from Parker-Hannifin Corp's 10-Q filed 2026-05-01 — Q3 FY2026 (nine months ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Parker-Hannifin posted nine-month revenue of $15.7B (+7.8% YoY) with net income of $2.6B, while announcing a pending $9.25B acquisition of Filtration Group and completing a $1B Curtis acquisition.
Biggest Revenue Drivers
Total revenue: $15.7B+7.8% YoY
Higher sales in in-plant and industrial equipment, aerospace and defense, and off-highway markets, plus Asia Pacific strength; Curtis acquisition contributed $161M
Largest Expense Items
Includes $34M business realignment charges and $11M acquisition-related costs; unfavorable product mix and material costs in Diversified Industrial partially offset by favorable pricing
Higher stock-based compensation, acquisition-related expenses, R&D, and intangible asset amortization
Decreased primarily due to lower average interest rates despite higher average debt outstanding
Margins: Gross margin improved 50 basis points to 37.2% YoY, driven by higher volumes, favorable product mix, and prior-year business realignment benefits, partially offset by material costs. Aerospace segment operating margin expanded to 25.4% from 22.9% YoY on volume and cost containment.
Watch Items from the Filing
- Pending $9.25B acquisition of Filtration Group (announced Nov 2025) expected to close within 12 months; secured $7.75B in delayed-draw term facilities to finance portion of deal.
- Days inventory on hand increased to 88 days (March 31, 2026) from 82 days (June 30, 2025), indicating higher working capital requirements despite management focus on efficiency.
- Debt-to-debt-shareholders' equity ratio of 0.40:1.0 provides covenant headroom (covenant limit 0.65:1.0); credit ratings remain A- (Fitch), A3 (Moody's), BBB+ (S&P).
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q3 2026
$5.5B
Net Income
Q3 2026
$904.0M
Free Cash Flow
Q3 2026
$881.0M
Operating Margin
Q3 2026
22.4%
D/E Ratio
Q3 2026
0.66
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+4.5% YoYNet Income
+36.5% YoYOperating Income
+19.5% YoYEPS (Diluted)
+36.2% YoYTotal Assets
-2.2% YoYTotal Debt
-35.5% YoYOp. Cash Flow
+13.6% YoY| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Revenue | $19.93B +4.5% | $19.07B +20.2% | $15.86B +15.8% | $13.70B -4.4% | $14.32B +0.1% | $14.30B |
| Net Income | $2.84B +36.5% | $2.08B +58.3% | $1.32B +9.5% | $1.20B -21.2% | $1.52B +43.7% | $1.06B |
| Operating Income | $4.07B +19.5% | $3.40B +14.4% | $2.98B +51.3% | $1.97B -12.1% | $2.24B +9.7% | $2.04B |
| EPS (Diluted) | $21.84 +36.2% | $16.04 +59.0% | $10.09 +9.0% | $9.26 -20.0% | $11.57 +47.8% | $7.83 |
| Total Assets | $29.30B -2.2% | $29.96B +15.5% | $25.94B +30.5% | $19.89B +13.1% | $17.58B +14.7% | $15.32B |
| Total Debt | $13.07B -35.5% | $20.27B +67.7% | $12.08B +40.0% | $8.63B +20.2% | $7.18B +38.2% | $5.20B |
| Operating Cash Flow | $3.38B +13.6% | $2.98B +22.0% | $2.44B +17.9% | $2.07B +19.7% | $1.73B +8.4% | $1.60B |
AI Insight: PH Financial Trends
Parker-Hannifin's operating margin hit a fresh high of 22.4% in Q1 2026 while total debt fell $3.5B from its Q2 2024 peak, signaling durable post-Meggitt integration leverage.
• Operating margin expanded from 21.1% in Q2 2024 to 22.4% in Q1 2026, a steady multi-quarter improvement.
• Total debt declined from $13,070M in Q2 2024 to $9,582M in Q1 2026, a $3.5B reduction over six quarters.
• Equity grew from $12,072M in Q2 2024 to $14,609M in Q1 2026, strengthening the balance sheet consistently.
• Revenue rebounded to $5,486M in Q1 2026 after a trough of $4,743M in Q4 2024, recovering above prior-year levels.
⚠ Total debt ticked up to $10,333M in Q3 2025 before easing — debt reduction trajectory is not perfectly linear.
⚠ Operating cash flow remains volatile, ranging from $630M to $1,467M quarter-to-quarter, complicating free-cash-flow visibility.
⚠ Net income data is absent across all periods, limiting full profitability assessment including below-the-line items.
AI Insight: PH Ratio Trends
Parker-Hannifin has structurally expanded operating margins and nearly halved debt-to-equity since Q2 2024, signaling durable post-Meggitt integration gains.
• Operating margin expanded from 21.1% in Q2 2024 to a peak of 23.3% in Q3 2025, a 220bp improvement over five quarters.
• D/E ratio nearly halved from 1.08 in Q2 2024 to 0.66 in Q1 2026, reflecting rapid debt paydown and balance-sheet strengthening.
• ROIC rose from 17.4% in Q2 2024 to 20.3% in Q1 2026, crossing the 20% threshold for the first time in the dataset.
⚠ Operating margin dipped to 22.4% in Q1 2026 from the 23.3% peak in Q3 2025 — watch whether the pullback persists.
⚠ ROIC slipped from 20.7% in Q2 2025 to 20.3% in Q1 2026 after a mid-cycle peak — consistency above 20% is unproven.
Get alerted when PH's score changes
Free account: watchlist tracking, the daily AI brief, and the AI screener.
Available Research
13F Pro tracks comprehensive data for Parker-Hannifin Corp including:
Top Institutional Holders of PH
BlackRock, Inc.
$9.0B10,000,883 shSTATE STREET CORP
$8.4B9,342,841 shVANGUARD CAPITAL MANAGEMENT LLC
$7.3B8,200,693 shFMR LLC
$3.6B4,047,417 shBANK OF AMERICA CORP /DE/
$3.1B3,483,595 shGEODE CAPITAL MANAGEMENT, LLC
$2.6B2,919,044 shMORGAN STANLEY
$2.3B2,554,356 shInvesco Ltd.
$2.1B2,352,890 shAristotle Capital Management, LLC
$1.9B2,121,374 shVANGUARD PORTFOLIO MANAGEMENT LLC
$1.6B1,805,829 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $9.0B | 10,000,883 |
| STATE STREET CORP | $8.4B | 9,342,841 |
| VANGUARD CAPITAL MANAGEMENT LLC | $7.3B | 8,200,693 |
| FMR LLC | $3.6B | 4,047,417 |
| BANK OF AMERICA CORP /DE/ | $3.1B | 3,483,595 |
| GEODE CAPITAL MANAGEMENT, LLC | $2.6B | 2,919,044 |
| MORGAN STANLEY | $2.3B | 2,554,356 |
| Invesco Ltd. | $2.1B | 2,352,890 |
| Aristotle Capital Management, LLC | $1.9B | 2,121,374 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1.6B | 1,805,829 |
More Industrials Companies
View all Industrials →Put PH on your watchlist
Track score changes the day Parker-Hannifin Corp files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.
Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).
Popular Research
Is PH a good stock to buy?
13F Pro's AI-powered analysis of Parker-Hannifin Corp (PH) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for PH are available on the PH stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own PH?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling PH. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Parker-Hannifin Corp's investment landscape.